2025-07-30 04:40:12
Crime
Law
Finance

Investors Sue Lockheed Martin Over Alleged Misleading Financial Statements

A class action lawsuit has been filed against Lockheed Martin Corporation, involving claims of false and misleading statements affecting its business operations and financial reporting. The lawsuit covers investors who purchased securities between January 23, 2024, and July 21, 2025. Allegations include overstated delivery capabilities and internal control issues, which allegedly resulted in significant financial losses for the company.

On January 28 and July 22, 2025, Lockheed Martin reported substantial losses linked to classified programs, causing its stock price to drop by 9.2% and 10.8%, respectively. This has prompted multiple law firms, including Bragar Eagel & Squire, Gainey McKenna & Egleston, and Rosen Law Firm, to seek redress on behalf of affected investors.

Investors are encouraged to join the lawsuit, with a deadline of September 26, 2025, to request appointment as lead plaintiff. Legal representatives are offering to handle the case on a contingency fee basis, ensuring Investors can seek compensation without incurring upfront costs.

The litigation aims to recover losses suffered due to the alleged misstatements and bolster investor confidence in the company's future disclosures.

benzinga
29. Juli 2025 um 17:20

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Lockheed Martin Corporation (LMT)

Gainey McKenna & Egleston has filed a class action lawsuit against Lockheed Martin Corporation (LMT) on behalf of investors who purchased the company's securities between January 23, 2024 and July 21, 2025. The complaint alleges that Lockheed Martin made false or misleading statements about its business, operations, and prospects during this period, leading to significant losses for the company. The lawsuit follows two major announcements from Lockheed Martin on January 28 and July 22, 2025, w..
globenewswire_fr
29. Juli 2025 um 20:00

LMT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Lockheed Martin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

A class action lawsuit has been filed against Lockheed Martin Corporation (LMT) alleging violations of federal securities laws. The lawsuit claims that the company made false and misleading statements about its contracts, internal controls, and financial reporting between January 2024 and July 2025. Investors who purchased LMT securities during this period may be eligible to join the case. The deadline for requesting lead plaintiff status is September 26, 2025.
eagletribune
29. Juli 2025 um 17:20

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Lockheed ...

Gainey McKenna & Egleston has filed a securities class action lawsuit against Lockheed Martin Corporation (NYSE: LMT) on behalf of investors who purchased the company's securities between January 23, 2024 and July 21, 2025. The complaint alleges that Lockheed Martin made false or misleading statements about its business, operations, and prospects during this period. Specifically, it claims the company failed to disclose internal control issues, inaccurate contract reviews, and overstated deliv..
globenewswire_fr
29. Juli 2025 um 17:20

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Lockheed Martin Corporation (LMT)

A class action lawsuit has been filed against Lockheed Martin Corporation (LMT) on behalf of investors who purchased shares between January 23, 2024 and July 21, 2025. The complaint alleges that the company made false or misleading statements about its business, operations, and prospects, including overstating its ability to deliver on contract commitments. On two separate occasions, Lockheed Martin announced significant losses related to classified programs, causing its share price to fall by..
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